JaBo: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
JaBo
Largest movements
- Receivables within one year +€86,382
up €86,382 (+96.0%), from €89,941 to €176,324
of which Other amounts receivable: +€86,699
- Tangible fixed assets -€71,777
down €71,777 (-20.0%), from €358,036 to €286,259
of which Furniture and vehicles: -€60,210
- Cash -€46,319
down €46,319 (-99.5%), from €46,532 to €213
mainly Receivables within one year (-€86,382) and Debts after one year (-€40,224)
- Debts after one year -€40,224
down €40,224 (-15.4%), from €261,977 to €221,754
- Profit (loss) carried forward +€5,341
up €5,341 (+15.8%), from -€33,899 to -€28,558
- Gross operating margin +€23,495
up €23,495 (+447%), from €5,252 to €28,748
- Depreciation -€19,310
down €19,310 (-60.6%), from €31,858 to €12,547
- Financial income -€1,994
no longer reported in 2025 (was €1,994)
- Financial charges -€339
down €339 (-5.1%), from €6,685 to €6,345
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €494,891 | €462,858 | -€32,034 | -6.5% |
| Fixed assets | 21/28 | €358,036 | €286,259 | -€71,777 | -20.0% |
| Tangible fixed assets | 22/27 | €358,036 | €286,259 | -€71,777 | -20.0% |
| Land and buildings | 22 | €297,172 | €285,950 | -€11,223 | -3.8% |
| Plant, machinery and equipment | 23 | €344 | €0 | -€344 | -100% |
| Furniture and vehicles | 24 | €60,520 | €309 | -€60,210 | -99.5% |
| Current assets | 29/58 | €136,855 | €176,599 | +€39,744 | +29.0% |
| Amounts receivable within one year | 40/41 | €89,941 | €176,324 | +€86,382 | +96.0% |
| Trade receivables | 40 | €1,608 | €1,291 | -€317 | -19.7% |
| Other amounts receivable | 41 | €88,333 | €175,033 | +€86,699 | +98.2% |
| Cash at bank and in hand | 54/58 | €46,532 | €213 | -€46,319 | -99.5% |
| Deferred charges and accrued income | 490/1 | €381 | €62 | -€319 | -83.8% |
| Total equity and liabilities | 10/49 | €494,891 | €462,858 | -€32,034 | -6.5% |
| Equity | 10/15 | €189,761 | €195,102 | +€5,341 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €205,060 | €205,060 | = | 0.0% |
| Distributable reserves | 133 | €205,060 | €205,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,899 | -€28,558 | +€5,341 | +15.8% |
| Amounts payable | 17/49 | €305,131 | €267,756 | -€37,374 | -12.2% |
| Amounts payable after more than one year | 17 | €261,977 | €221,754 | -€40,224 | -15.4% |
| Financial debts | 170/4 | €261,977 | €221,754 | -€40,224 | -15.4% |
| Amounts payable within one year | 42/48 | €43,153 | €43,703 | +€550 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €34,766 | €33,974 | -€792 | -2.3% |
| Financial debts | 43 | €6,250 | €7,525 | +€1,275 | +20.4% |
| Credit institutions | 430/8 | - | €1,275 | +€1,275 | |
| Other loans | 439 | €6,250 | €6,250 | = | 0.0% |
| Trade debts | 44 | €1,921 | €511 | -€1,410 | -73.4% |
| Suppliers | 440/4 | €1,921 | €511 | -€1,410 | -73.4% |
| Taxes, remuneration and social security | 45 | €217 | €1,693 | +€1,476 | +681% |
| Taxes | 450/3 | €217 | €1,693 | +€1,476 | +681% |
| Accrued charges and deferred income | 492/3 | - | €2,300 | +€2,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,858 | €12,547 | -€19,310 | -60.6% |
| Other operating charges | 640/8 | €2,394 | €2,221 | -€173 | -7.2% |
| Non-recurring operating charges | 66A | - | €2,230 | +€2,230 | |
| Gross operating margin | 9900 | €5,252 | €28,748 | +€23,495 | +447% |
| Operating profit (loss) | 9901 | -€28,999 | €11,749 | +€40,749 | |
| Financial income | 75/76B | €1,994 | - | -€1,994 | |
| Recurring financial income | 75 | €1,994 | - | -€1,994 | |
| Financial charges | 65/66B | €6,685 | €6,345 | -€339 | -5.1% |
| Recurring financial charges | 65 | €6,685 | €6,345 | -€339 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€33,690 | €5,404 | +€39,094 | |
| Income taxes | 67/77 | €217 | €63 | -€154 | -70.9% |
| Profit (loss) for the period | 9904 | -€33,907 | €5,341 | +€39,247 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,907 | €5,341 | +€39,247 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.